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Barron’s: Buying the Asian Tigers One by One. Look for dips in country ETFs to buy great markets such as South Korea, Taiwan, and Malaysia.
BBC: IMF backs coalition spending cuts. The International Monetary Fund (IMF) has said the UK economy is “on the mend” and has backed the coalition government’s plans to cut spending.
Bloomberg: Ken Fisher Dubs New Normal `Idiotic,’ Sees `Great’ Decade Ahead,The next decade will be as good for investors as the 1990s, said Ken Fisher, the billionaire chief executive officer of Fisher Investments Inc., dismissing notions that developed economies face below-average growth.
BusinessWeek: Apple Threatens Search Giants’ Mobile Ad Shares. Google, Microsoft, and Yahoo! have swiftly lost share in the U.S. mobile advertising market to Apple’s new iAd. Independent rivals such as Jumptap and Millennial Media are gaining, too.
CNBC: Asia to Grow 8.2% in 2010, Fastest in 3 Years: ADB. Growth across Asia and the Pacific will be the fastest this year since 2007 as the region recovers strongly from the global crisis, but will moderate in 2011, the Asian Development Bank said on Tuesday.
Forbes: It’s Time For The U.S. To Export Natural Gas. The U.S. has a glut of natural gas. It’s time we start exporting it.
MarketWatch: ‘Long, slow’ summer to weigh on brokers. Analysts cut third-quarter earnings estimates for Goldman and Morgan Stanley as slow summer trading by clients continues into September
Reuters: U.S. business fears “downward spiral” in China trade. Congressional passage of a bill to pressure Beijing to revalue its currency could further harm U.S.-Chinese trade relations already hampered by mutual mistrust and suspicion, U.S. companies invested in China said on Monday.
The Business Insider: Google makes its most ridiculous investment yet.
The Financial Times: Goldman star rises -Evans is gaining on US rivals.
The Guardian: Shell increases trade with Iran. Oil giant steps up orders of Iranian crude despite others halting due to sanctions imposed by UN, EU and US.
The New York Times: Saab Talks With BMW About Forming Alliance.The struggling Swedish brand, now owned by Spyker Cars of the Netherlands, could obtain hybrid and other fuel-saving technology from BMW.
The Telegraph: Savers told to stop moaning and start spending. Older households can afford to suffer and should “not expect” to live off interest payments because they benefited from property price rises, Bank of England deputy warns.
The Wall Street Journal: U.K.’s Immigration Rules Slammed. Large corporations and other employers are turning up the heat on the U.K. government as it finalizes new immigration rules that industry says would restrict their ability to recruit key talent.